November 6, 2024

How the 2024 Presidential Election Could Shape the Commercial Real Estate Landscape

The impact of the 2024 presidential election on the commercial real estate (CRE) market has been a hot topic, with industry professionals watching closely for changes that could affect taxation, policy, and property values. GLM Legal was recently featured in GlobeSt.com through an article by Erik Sherman, where our insights on the subject were shared to help shed light on potential outcomes for the industry.

In the article titled, Who Would Be Best for CRE as President?, GLM Legal’s perspective on the effects of the 2017 Trump tax cuts is highlighted. Notably, our commentary on how different administrations might approach inheritance tax policy emphasizes the varied impact each candidate could have on the market. As quoted in the article, “a Harris presidency could negatively affect the price of commercial real estate because more real estate will need to be sold in an expedited fashion.” Alternatively, a Trump re-election could see these tax cuts remain in place, potentially stabilizing CRE property values.

For a deeper dive into this analysis, access the full article through the attached PDF or visit GlobeSt.com to read how each candidate’s policies may shape the CRE landscape.

This valuable commentary offers guidance for those navigating life changes that may impact their estate planning needs. The article has been syndicated to major outlets including Yahoo! Finance.

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